Rendering of the OmanSat satellite, based on the Airbus OneSat platform. Photo: Airbus

Revenue for the Airbus Defence and Space business increased 11% year-over-year in 2025, driven by growth across its three business units: military aircraft, space, and connected intelligence. 

Airbus reported financial results on Feb. 19, reporting 13.4 billion euro ($15.8 billion) in 2025 revenue for Airbus Defence and Space. 

In addition, order intake for Airbus Defence and Space in 2025 was up 6% year-over-year, to a record high of 17.7 billion euro ($20.8 billion).  

Leadership highlighted the recent order of 340 OneWeb satellites for Eutelsat, as well as the OneSat satellite recently sold to Oman’s national satellite operator as wins for the space business. 

Airbus Defence and Space also increased EBIT by 1.3 billion euro ($1.5 billion) — an improvement from negative 656 million euro ($771 million) last year to positive 639 million euro ($752 million) in 2025. 

This was due to more than 1 billion euro in charges in 2024 from estimates at completion (EAC) in certain satellite programs. In 2025, the segment saw higher volume and improved profitability and had just 100 million in charges due to the cost mitigation plan that started in 2024. 

CFO Thomas Toepfer told investors the segment is on track to achieve a mid- to high- single-digit margin by 2028. “We are absolutely on track to achieve that and very pleased with what we have achieved already in 2025,” he said. 

Overall, Airbus reported 73.4 billion euro ($86 billion) in revenues, up 6% year-over-year. 

Merger Update 

Airbus is still working to close the space merger with Thales and Leonardo announced in October to create a larger, unified European space prime, CEO Guillaume Faury said during a separate press conference on Thursday. 

“We are not at the point of integration,” Faury said. “By law, we cannot do anything that is related to working together as a team or integrating as long as the closing is not done. But we are working hard together to pass the milestones required to then be able to do the closing of this merger at a point in time.” 

Each company continues to operate independently as a business until the merger closes, he noted. 

The merger has been referred to as ‘Project Bromo’ which was a code name for the project, but Faury noted it’s not the official name of the company, which hasn’t been decided yet. 

“We firmly believe, led by pulling our resources, skill and capabilities, we’ll be able to create a new leader rooted in Europe and able to compete globally,” Faury said on the investor call. “Scale will help increase industrial efficiency, lower cost and ensure that Europe can maintain its autonomy across the strategic space domain. We’ll continue to work closely with our partners to ensure this proposed joint venture can be established as quickly as possible while going through all necessary steps and approvals.”